Code of Virginia § 6.2-860. Bank to be managed by board of directors; number of directors.
47 words·~1 min read·
/va/title-6-2/chapter-8/6-2-860A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The affairs of every bank incorporated under the laws of the Commonwealth shall be managed by a board of directors. The board shall consist of not less than five individuals.
Code 1950, § 6-36; 1966, c. 584, § 6.1-45; 1996, c. 268 ; 2010, c. 794 .